International Economic and Finance Review https://jurnal.stebankislam.ac.id/index.php/IEFR <p> </p> <table class="data" style="height: 306px;" width="577" bgcolor="#fffff"> <tbody> <tr valign="top"> <td width="25%"><strong>Journal Title in ROAD ISSN</strong></td> <td width="75%"><strong><a title="Walisongo in ROAD ISSN" href="https://portal.issn.org/resource/ISSN/2829-291X" target="_blank" rel="noopener">International Economic and Finance Review (IEFR)</a><br /></strong></td> </tr> <tr valign="top"> <td width="25%"><strong>Distribution</strong></td> <td width="75%">Open Acces</td> </tr> <tr valign="top"> <td width="25%"><strong>Short Title</strong></td> <td width="75%">IEFR</td> </tr> <tr valign="top"> <td width="25%"><strong>Language</strong></td> <td width="75%">English</td> </tr> <tr valign="top"> <td width="25%"><strong>ISSN</strong></td> <td width="75%"><span style="font-size: 0.875rem;"><a href="https://issn.brin.go.id/terbit/detail/20220401461323101">2829-291X</a></span> (online media); <a href="https://issn.brin.go.id/terbit/detail/20220401001636927">2829-2928</a> (print media)</td> </tr> <tr valign="top"> <td width="25%"> <p><strong>Publication Frequency</strong></p> </td> <td width="75%"> <p>March-September</p> </td> </tr> <tr valign="top"> <td width="25%"><strong>Published by</strong></td> <td width="75%">Sekolah Tinggi Ekonomi dan Perbankan (STEBank) Islam Mr. Sjafruddin Prawiranegara Jakarta</td> </tr> <tr valign="top"> <td width="25%"> </td> <td width="75%"> </td> </tr> <tr valign="top"> <td width="25%"><strong>Editor-in-Chief</strong></td> <td width="75%">Risa Bhinekawati, SE, MBA., MKP., Ph.D. ( <a href="https://www.scopus.com/authid/detail.uri?authorId=57195035880">Scopus</a>, <a href="https://scholar.google.co.id/citations?user=sp1jo7UAAAAJ&amp;hl=en"> Google Scholar</a>)</td> </tr> </tbody> </table> <p><strong>International Economic and Finance Review (IEFR)</strong> is a peer-reviewed and scientific journal published by <a href="https://stebankislam.ac.id/">Sekolah Tinggi Ekonomi dan Perbankan Islam Mr. Sjafruddin Prawiranegara Jakarta</a>. This journal is published biannually in March and September.</p> <p>IEFR accepts articles that is using quantitative and qualitative approaches. All articles uses English manuscript.</p> <p>International Economic and Finance Review (IEFR) aims to provide readers with highly sholarly articles related to discourse of sharia or conventional economics and finance.</p> en-US <p>&lt;a rel="license" href="http://creativecommons.org/licenses/by/4.0/"&gt;&lt;img alt="Creative Commons License" style="border-width:0" src="https://i.creativecommons.org/l/by/4.0/88x31.png" /&gt;&lt;/a&gt;&lt;br /&gt;This work is licensed under a &lt;a rel="license" href="http://creativecommons.org/licenses/by/4.0/"&gt;Creative Commons Attribution 4.0 International License&lt;/a&gt;.</p> muhammadnajib2n@gmail.com (Muhammad Najib) pd.stebank@gmail.com (Ita Haerani) Fri, 22 Mar 2024 03:08:12 +0000 OJS 3.3.0.11 http://blogs.law.harvard.edu/tech/rss 60 The Influence of Sharia Financial Performance Towards Islamic Social Reporting with Islamic Corporate Governance as a Moderate Variable https://jurnal.stebankislam.ac.id/index.php/IEFR/article/view/41 <p><em>This study examine to retest the influence of Sharia Financial Performance towards Islamic Social Reporting with Islamic Corporate Governance as a moderate variable (empirical study on Indonesia Islamic Commercial Bank from 2014-2021). The hypothesis examine by using MRA regression and panel data regression. The population in this research are all the Islamic Commercial Banks that listed on OJK from 2014-2021. The sampling methods that used in this research is purposive sampling and could manage to obtained 96 sample from 12 Islamic Commercial Banks. The results shows that: (1) Return On Assets, Capital Adequacy Ratio, and Debt to Equity Ratio did not influenced the Islamic Social Reporting; (2) Financing to Debt Ratio influenced the disclosure did Islamic Social Reporting; and (3) Board of Commissioner could influenced Return On Assets towards deepening of Islamic Social Reporting, Islamic Supervisory Board could be moderating Return On Assets, Financing to Debt Ratio and Capital Adequacy Ratio towards strengthening Islamic Social Reporting, While the age of the companies could moderating Return On Assets, and Financing to Debt Ratio towards Islamic Social Reporting.</em></p> <p><em>&nbsp;</em></p> Fatima Az-zahra Wairooy Copyright (c) 2024 Fatima Az-zahra Wairooy https://creativecommons.org/licenses/by/4.0 https://jurnal.stebankislam.ac.id/index.php/IEFR/article/view/41 Sun, 31 Mar 2024 00:00:00 +0000 The Influence of Knowledge about Islamic Banking on Interest in Saving at Islamic Banks https://jurnal.stebankislam.ac.id/index.php/IEFR/article/view/47 <p><em>This study examined the influence of knowledge about Islamic banking on interest in saving in Islamic banks among active Stebank students who had taken banking courses. Using a quantitative approach and questionnaires, the research found a positive correlation between knowledge of Islamic banking and interest in saving. Higher knowledge, indicated by understanding of Islamic banking facts, led to increased interest in saving in Islamic banks. This finding aligns with previous research and expert opinions, highlighting the importance of knowledge in boosting interest. Students, as potential customers, are crucial for Islamic banks, emphasizing the need to cater to their preferences. This research encourages saving in Islamic banks among students and others, contributing to the growth of Islamic banking. Future studies should explore additional variables to uncover more factors influencing interest in saving in Islamic banks, thereby fostering stronger financial partnerships and further developing Islamic banking in the broader Islamic economy.</em></p> Mahlil, Patria Yunita, Ahkmad Syafiudin, Aries Muftie Copyright (c) 2024 Mahlil, Patria Yunita, Ahkmad Syafiudin, Aries Muftie https://creativecommons.org/licenses/by/4.0 https://jurnal.stebankislam.ac.id/index.php/IEFR/article/view/47 Sun, 31 Mar 2024 00:00:00 +0000 Financial Performance Analysis Using Financial Ratios At PT Diamond Food Indonesia Tbk https://jurnal.stebankislam.ac.id/index.php/IEFR/article/view/45 <p><em>The purpose of this research is to analyse the financial performance of PT Diamond Food Indonesia Tbk during the period from 2020 to 2022 using financial ratio analysis, including liquidity, solvency, profitability, and activity ratios. The method employed in this research is quantitative descriptive method with data collection conducted through documentation and literature study. The data analysed are derived from secondary data sources, namely the annual financial reports for the period 2020 to 2022 obtained from the official website of the Indonesia stock Exchange. The research findings indicate that the financial performance of PT Diamond Food Indonesia Tbk. is considered “Very Good” based on liquidity and solvency ratios. However, the company’s financial performance is deemed “Less Favourable” based on profitability and activity ratios.</em></p> Dewi Arum Lestari, Achmad Wicaksono, Ferdiana Tri Pramesari Copyright (c) 2024 Dewi Arum Lestari, Achmad Wicaksono, Ferdiana Tri Pramesari https://creativecommons.org/licenses/by/4.0 https://jurnal.stebankislam.ac.id/index.php/IEFR/article/view/45 Sun, 31 Mar 2024 00:00:00 +0000 The Case Study of Capital Structure in Affecting Return on Equity (ROE) Among Chinese Companies https://jurnal.stebankislam.ac.id/index.php/IEFR/article/view/40 <p>The case study for the capital structure research had been crucial to address the financial performance for the business. In the recent trend of business, the strategic development of the business growth had been dependent on the capital structure funding where the ratio between the debt and equity often become the pillar to determine the financial performance for the business. This triggered the study to develop the quantitative method research to explore the relationship of debt equity ratio representing the capital structure funding for business against the return on equity (ROE) representing the financial performance of the business. The target study will be based on the public listed companies in China mainly from Shanghai Stock Exchange (SSE) and Shenzhen Stock Exchange (SZSE). The results and findings from the quantitative study had found the significant positive relationship being exist between the debt equity ratio and ROE which aligned with the initial assessment from the literature review. This had been crucial contribution for the investors to understand the potential earning derived from the ROE inducing the understanding where the higher debt funding will encourage better return on the equity investment which will become more important consideration among the investors.</p> Wee Win Yeoh Copyright (c) 2024 Wee Win Yeoh https://creativecommons.org/licenses/by/4.0 https://jurnal.stebankislam.ac.id/index.php/IEFR/article/view/40 Sun, 31 Mar 2024 00:00:00 +0000 The Role of Productive Women in Alleviating Poverty Through Strengthening Islamic Social Finance: A Study of Micro Waqf Banks in Indonesia https://jurnal.stebankislam.ac.id/index.php/IEFR/article/view/53 <p><em>The nature of women in development has a big role not only in the economic foundation of households, in the use of Islamic social financial institutions. Poverty motivates women to develop their potential through opportunity, excellence, and equality. Attention to Islamic social finance namely zakat, infaq, sadaqa and waqf in Indonesia is increasing as awareness improves. Limited access of productive women to social financial institutions makes it difficult to obtain business capital.&nbsp; The study investigates the contribution of women to poverty alleviation through Islamic social finance. This study uses qualitative methods with a field study approach. The research location is at the Micro Waqf Bank Lan Taburo Lebak Banten, Indonesia. Data collection using interviews, observations, and literature studies. Data analysis techniques use triangulation with collection, reduction, presentation, and conclusions. The results showed that the role of productive women micro waqf bank customers utilizes Islamic social finance, namely managing business financing, increasing household income, creating household economic prosperity, strengthening community empowerment, and increasing waqf literacy. The research implies that the greater the role of productive women utilizing Islamic social finance, the more positively it will contribute to poverty alleviation in Indonesia. This study was limited to women producing micro waqf banks who received benefits at one institution. Further research needs to be carried out in quantitative studies to find the dominant factor of alleviating harm using Islamic social finance.</em></p> Ssonko Muhammedi, Raden Ali Pangestu, Ilyas Helmi Bin Mohd Yusof, Umar Akem Copyright (c) 2024 ssonko Muhammedi, Raden Ali Pangestu, Ilyas Helmi Bin Mohd Yusof, Umar Akem https://creativecommons.org/licenses/by/4.0 https://jurnal.stebankislam.ac.id/index.php/IEFR/article/view/53 Sun, 31 Mar 2024 00:00:00 +0000 Development of Corporate-Based ZISWAF Fundraising Model in Realizing SDGs from Maqashid Syariah Perspective https://jurnal.stebankislam.ac.id/index.php/IEFR/article/view/46 <p><em>This study examines the corporate-based ZISWAF (Zakat, Infaq, Sedekah, Wakaf) fundraising model grounded in Maqashid Syariah with the hope of contributing to the achievement of SDGs (Sustainable Development Goals) and realizing the welfare of the community. The descriptive qualitative research design employs literature review to gather data, revealing the significant potential of this model in reaching its objectives. Research findings indicate that the model excels in alignment with Islamic values, efficiency and effectiveness in fund management, sustainability of funding, and wide-ranging impact through extensive corporate outreach. To develop and implement this model, it requires strengthening collaboration among corporations, ZISWAF institutions, government, and other stakeholders, developing programs focusing on SDGs and community welfare, enhancing education for corporations and the public, reinforcing supportive regulations, and conducting regular monitoring and evaluation to ensure its effectiveness. The corporate-based ZISWAF fundraising model grounded in Maqashid Syariah is regarded as an innovative solution that can bring broad benefits to society, with support and commitment from various parties for its implementation. This study recommends several steps for the development and implementation of this model, including strengthening collaboration, program development, education enhancement, regulatory reinforcement, and monitoring and evaluation.</em></p> Dede Al Mustaqim Mustaqim Copyright (c) 2024 Dede Al Mustaqim Mustaqim https://creativecommons.org/licenses/by/4.0 https://jurnal.stebankislam.ac.id/index.php/IEFR/article/view/46 Sun, 31 Mar 2024 00:00:00 +0000